A Variable Cost Remains Constant If Expressed on a Unit

question 89

True/False

A variable cost remains constant if expressed on a unit basis.

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Definitions:

Developed Countries

Nations with advanced industrial bases, high levels of income per capita, and varied economies, often characterized by stable governments and well-established infrastructures.

Capital Flight

The tendency for both human capital and financial capital to leave developing countries in search of higher expected rates of return elsewhere with less risk.

Remittances

Funds sent by individuals working abroad to people in their home country.

Emigrants

Emigrants are individuals who leave their country of origin to live permanently in another country, contributing to population and labor force changes.